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LINK.USD updated near term Zones: ChainLink possible next Move

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Update to my ongoing ChainLink analysis (see links below).

LINK took a spike down thanks to Bitcoin flash dump.
This bounce is the strongest reaction of the Alt coins.
One more leg up is expect-able, but will not be easy.

As you know, Bulls have been fighting $3.05 resistance.
There is a cluster of many fibs, and another just added.
Break of this resistance should pop a band or two quickly.

Current range may well contain price for rest of weekend.
Current stance implies one more leg down to be finished.
Current sentiment feels cautiously bullish if not worrisome.

Previous LINK analysis:
$3.17 Break Out opp (not triggered)
$2.87 Target Call (perfect exits)
$2.65 Support Call (several long entries)
recent Impulse Redux (caught recent top)
$2.7 target plotted (perfect roadmap)
Support/Bounce zones (caught recent bottom)
Breakout Zones plot (caught the breakout)
May 2019 support zones (caught all turns)
$1.46 Bottom Call (caught exact bottom)












Nota
There was the expected drop syot kilat bounce looks ok so far, but am still cautiously optimistic.

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Nota
Not looking so good. Secondary support was pierced, and is being approached again syot kilat Probably will not hold, but lets see.

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Nota
Zoomed in the bounce cam exactly to the lower bound of previous support syot kilat would have been nice to hit the upper bound before retracing.

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Nota
Adding the fib of retrace wave syot kilat The 3.26 will add a layer to the support there, but not a lot because 3.236's are not often strong unless the trend is quite strong .
So hopefully the 2.618 (always strong) will hold, but if bounces off the 3.236 instead, that will still indicate strength.

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Nota
Here is a good sign for bulls syot kilat nice clean ping and launch.
Lets see if it can gain any momentum.
Nota
We got a decent bounce on second touch of support syot kilat And it got pierced the band above before pulling back. This might be a go....

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Nota
Zoomed in on the bounce with a fib syot kilat Decent adherence to the ratios. The 1.236 can not be visiting again, or this bounce is at risk of collapse ...

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Nota
So the attempt to bounce from wave C failed, but only after a significant bounce syot kilat So the expected bounce height was over-optimistic.
But the fact that it did bounce, from exactly the zone expected, means that the fibs are good, and the zones are valid.
Lets see if the current support zone holds.

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Nota
Under the microscope again, with Purple Fib of the decline from $3.05 resistance syot kilat that purple 3.618 was a good place to bounce, especially because it was within the support zone originally anticipated. Lets see this holds.

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Nota
Continuing with the micro fib just above, bulls just got a decent sign: syot kilat Bounce exactly on the 2.618.
2.618's are always important. Bulls really need to hold it.

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Nota
Bulls making another run for it but ran into the red 3.618 syot kilat

Isolating that fib series, we see the precise reactions to it syot kilat

Now putting that red fib back into the complete picture syot kilat shows the relevance of 2.9284 area, with THREE important fibs right there.
Ie: Bulls need to hold 2.298xx to maintain upward momentum.
Nota
Adding a fib of the bounce syot kilat Shows that $2.9276 is now key support that bulls most hold to keep momentum of this bounce.

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